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20121027
20121104
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KPIX (CBS) 29
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English 29
Search Results 0 to 28 of about 29 (some duplicates have been removed)
back to the basics as the number one topic on the campaign trail is you guessed it the economy. cbs reporter tara mergener on how the candidates are focusing their final days of campaigning. >> reporter: governor mitt romney hit the stage, in ames iowa, ready to jump on new economic numbers. >> last quarter our economy grew at just 2%. after the stimulus was passed the white house promised that the economy would now be growing at 4.3%. over twice as fast. >> reporter: romney pointed the finger at the president's policies and is using the economy to make his closing argument to voters in the battleground states. >> this is not the time to double down on "trickle-down government" policies that have failed us. it's time for new bold changes that measure up to the moment. >> reporter: the white house looked at the new numbers as a sign the country is heading in the right direction. the economy expanded at a right higher than most expert predicted. vice president biden told voters in wisconsin a romney presidency would erase all the progress the president made. >> we believe for american
the economy grew at a 2% annual rate in the third quarter. that's better than expected, and up from 1.3% in the second quarter. where's the economy cooking? we asked anthony mason to show us. >> reporter: from its storefront in plainfield, new jersey, e & a restaurant supply ships out everything from stoves to plates and silverware. owner joel green says restaurants are opening again and that's been good for business. >> things definitely have picked up but it's been fairly strong all the way since april up until this point. >> reporter: green says the uncertainty surrounding the election is making business owners more cautious, but he likes the direction his business is headed. >> if it keeps rolling the way it is, i see it being strong. >> reporter: the 2% growth in the economy nationally in the third quarter was fueled in part by consumer spending, which rose 2%, and by a housing market that's showing increasing signs of life. but a 13% jump in defense spending by the government played the biggest role. without that increase, the economy's growth rate would have been only 1.4%. thi
. the economy creates more jobs, but not enough. anthony mason on the final economic report before the election. >> we're four days away from a fresh start. h we made real progress these past four years. >> reporter: a campaign 2012 report from bob schieffer. and "on the road." steve hartman with children of the storm. silver linings in a dark week. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. this is the "cbs evening news" with scott pel >> pelley: good evening. 110. that's the new death toll from hurricane sandy, and it's not likely to stop there. bodies are being found today in homes as rescue workers reach into the hardest-hit areas. the pictures that struck us today were of just one family in staten island, new york. 14-year-old kate at her grandparent's house. her mother, julie, trying to pull something recognizable from the rubble. and sheila and dominick trayna holding on to their memories and contemplating the future. the insurance industry estimates economic losses from the storm at $50 billion. second only to hurricane katrina. more than three millio
campaign wants to talk about the economy. ern talks about the denver debate as being this transcendent moment. in effect, this was the moment moderate mitt sort of debuted in the campaign. and i think that was a very resonant point to a lot of undecide women. >> people don't vote nationally on the basis of what two candidates say in two medium-sized debates. >> here's the way i think it mates out politically. first of all, there's the base. the president wants to talk aboutars bothers because he wants to tell democrats there are real things in stakes in this election. with swing voters-- and i talked to a lot of them-- when you talk to women, they think romney has the answer on the economy. and the worry here for the obama administration is married women. they are less dependent on the government, and less likely to buy the president's argument. so they're the group want obama campaign is really worried about. when i talk to the married women, on the one hand they say they think romney can handle the economy and they're worried about the republicans being too extreme and go back and fo
that the president had failed to fix the struggling economy and there was no sign that would change with a second term. >> glor: jan crawford, thank you. ohio has been visited by the candidates more than any other state its and with good reason: winning the election will almost surely include winning ohio. dean reynolds is also there tonight. >> the chevy plant in lords town, ohio, is humming today, with workers toiling three shifts a day where they once worried it might close. many democrats credit the auto industry's rebound to the bailout engineered by the president. >> if mitt romney had been president when its auto industry was on the verge of collapse, we might not have an american auto industry today. >> reporter: chicago mayor and former chief of staff rahm emmanuel spoke today on "face the nation." >> because of the president's decision against conventional wisdom out of washington and new york, those auto jobs are being added. and america is now adding auto jobs. >> reporter: that may account for why the president is running better among men here in ohio. trailing mitt romney by six poi
the fuel economy when you buy a car. well two manufacturers, kia and hundai had to take these stickers off and change them to the right number. on top of that, they've had to reimburse a million car owners. >> reporter: they relied on the honor system when it came to the car's fuel economy. they said it was posted right on the window sticker at the car lot. >> did you hear the mileage might be off? >> that's the first i heard about. >> reporter: there was an error in the testing procedure. the error coverric approximately 41 -- covering approximately 41% of the vehicles sold by the companies since 2010. the companies say they will pay owners back for the fuel costs issuing debit cards. low mileage was a selling point for them. >> that was definitely one of the factors we made attention to. >> reporter: the largest drop will be for the kia soul. it will be taken from 33 to 29 miles per gallon. the optima mid size sedans are not involved. the general manager of kia is still confident the quality of all kia vehicles speak for themselves. >> the price is competitive and the warranties are over
america that has a 21st century economy running on a 21st century foundation. >> schieffer: what happened to the women's vote? the prfs the way ahead. that seems to be closing. are you going to be able to get that back? >> i'm here in ohio. i just checked the early vote. the president is up almost two to one over mitt romney. and that's an indication that the field operation, the communication strategy, and the message of a resurgence of strengthening middle class is essential. and also the choice that women have to face on a host of issues from economic to health care issues that i think the president's message is right for them. if you look at the early votes in iowa, ohio, florida, the president's campaign is actually-- an investment that he made in the "get out of vote" effort identifying their voters is starting to pay off because they're beating all their numbers from '08. >> schieffer: we have to stop you there. the clock ran out. back with personal thoughts nay second. >> thanks, bob. born with. something you'r and inspires the things you choose to do. you do what you do... becaus
. ,,,,,,,,,,,, by in this tough economy...r tough economy... for many americans it means losing tr company is >>> a lot of people are struggling to get by in this tough economy but for many americans it means losing their homes but one company is giving them a chance to reclaim what's theirs. for the past 20 years, the neighborhood assistance corporation of america has hosted events just like this one in san jose. they are giving homeowners and buyers free advice on how to save some cash. >> lower the mortgage would help me a lot and i have to pay child support to my wife -- ex- wife -- to make ends meet. >> the event goes through monday at mcenery convention's south-hall. doors open 8 a.m. to 8 p.m. >>> the official start to the holiday shopping season a month away but shoppers will be surprised that black friday may be a little different this year. on the consumerwatch, julie watts here with the top four ways black friday is changing. jewelry. >> reporter: well, one of the most noticeable is amazon with a deal of the day through black friday. remember this? you no longer have to brave the black friday stamped
and address is all about attacking. al actually have a plan to get this economy going. we're going to put it in place ameelp the american people. b reporter: now, before the storm, romney was actually leading the president on the questions of which candidate would be a stronger leader, and which one would be better at working with democrats and gn tblicans. if he loses ground, scott, on either one of those questions, that could be a sign the storm hurt him. >> pelley: thanks, jan. the last report on the unemployment rate before the election will come out tomorrow. today, a new survey found that consumer confidence in the economy is the highest it's been in more than four and a half fous. that's a sign that americans are dn the mood to spend more, which could give the economy a boost. a family stranded in the suburbs, tries to get by without the basics. their story is next. hungry for the best? it's eb. want to give your family the very best in taste, freshness, and nutrition? it's eb. eggland's best. better taste. better nutrition. better eggs. but i still have a runny nose. [ male announ
's take a look. the numbers show the u.s. economy added 171,000 jobs in october right now unemployment rate is now at 7.9%. that's up from september's report which put us at 7.8%. now, that was the first dip below 8 since before the president took office. in terms of voters, some experts say these numbers are unlikely to sway them. >> if you are a person that feels that the general recovery that we have had has not been as much as it should have been, then you have already made up your mind probably not to vote for the president for re- election. if you are conversely someone who feels that the president inherited the mess and it's turning around a ship slowly to fix this thing and you generally like where he is with his other programs, you have also already made up your mind. >> reporter: both candidates will be kick-starting their final push before tuesday's big election. president obama and mitt romney will be in the battleground state of ohio. political analysts say this could be the state to decide the electoral vote. again, this report is the last one to come out before election
how that goes. live in san francisco , cbs 5. >> thank you. >> with the tough economy, everyone is struggling to make ends meet. for many americans it's costing them their homes. what if there's a solution? kate with the free advice that could save you money and maybe even your home. >> just having the stability of something familiar you've had all your life. it's worthwhile. >> if you lose that you've lost a piece of your life. >> was in seen i couldn't say danger of losing home and sense of security. >> my dad bought that in 52 and sold it to me and i had mortgaged it to start a business and didn't do as well as i thought it would. >> then he heard about the neighborhood assistance corporation of america and came to an event last year. it worked. his interest rate dropped from 6.5% to 2% fixed saving him $1,000 a month and his home. >> there's such a need for both home buyers and get an affordable mortgage and homeowners that have a mortgage affordable. >> this morning opened its doors to people already in line. the organization is offered free advice to homeowners and buyers
and new jersey. new estimate says sandy will cause $50 billion in damage to the economy. that makes it the second most expensive storm in u.s. history, after hurricane katrina. >> nearly half of new york city's death from superstorm sandy happened on staten island. homeland secretary janet napolitano is going there today, where people say they're suffering and not getting enough help. anna werner, good morning. >> reporter: good morning. as you stand on this street in staten island you can clearly see the path of destruction wrought by hurricane sandy. cars picked up and tossed like toys. that continues throughout the neighborho neighborhood. many residents say they feel ignored. some residents of staten island have started calling it the forgotten burrough. across storm-ravaged staten island, frustrations are mounting. >> we're going to die! we're going to freeze! we've got 90-year-old people. >> reporter: residents are outraged, claiming their community has been ignored in the days following sandy while aid pours in to other parts of new york and new jersey. >> they don't talk abo
of the economy in the death and life of asheboro. asheboro grew up on manufacturing, its factories filled with generations of families who built their town near purgatory mountain. but in 2008, asheboro was named one of america's fastest dying towns. the folks there were never going to quit, but they are still struggling. why are we stuck somewhere between recession and recovery? no one better to ask than those who live around purgatory. in randolph county, there's no escaping the second election since the great recession. nonstop, the tv promises a better day or warns of a worse one. folks around here have seen a lot of both. ( whistle blows ) those days start with the signature sound of asheboro at the acme-mccrary textile company. it opened the year that some of its workers helped put a republican in the white house, william howard taft. it was 1909. 103 years later, bill redding runs the place. at its peak, how many employees did you have? >> bill redding: about 2,000. >> pelley: and today? >> redding: 600. >> pelley: to see why its so hard to stitch together a recovery, look at the l
and get jobs again and get this economy growing. >> reporter: mitt romney's solution would be to ease government regulations to encourage lenders to offer refinancing to more homeowners. >> foreclosures are the lowest in five years. >> reporter: president obama wants to expand refinancing programs for borrowers. he wanthe wants to include morts owned by banks. obama also wants lenders to offer unemployed homeowners a one one-year grace period from foreclosure. >> i'm feeling very abandoned. >> reporter: juneau isn't sure either plan can help him in time. he hopes the bank will agree to sell his house for $200,000 less than he owes. >> all the taxes i've paid in the past and all the things i did for my country in the service is wasted. my life feels like it's a waste. >> reporter: with a failed business and a foreclosure on his credit report, juneau won't be able to even consider buying another home for at least three years. manuel bojorquez, cbs news, ft. lauderdale, florida. >> brennan: coming up, a reporter's notebook on afghan farmers' dependence on illicit crops. >> brennan: plant
voters. a sluggish economy has been a bone of contention. >> reporter: the president started his day in ohio with better-than-expected unemployment numbers. >> this morning we learned that companies hired more workers in october than at any time in the last eight months. >> reporter: employers added 171,000 new jobs in october, about 45,000 more than many analysts anticipated. the labor department says hiring over the summer was better than previously thought. despite the improvement, the president is still facing high unemployment. because more americans are trying to find work, it ticked up from 7.8 to 7.9%. that's the highest number an incumbent president has faced on election day since franklin roosevelt. mitt romney says he will do a better job if he is elected. the republican nominee is spending the last few days of the campaign making that case in the battleground states. romney is in wisconsin and ohio today trying to pick up the few remaining undecided voters. >> and we asked them and you to look beyond the speeches and the attacks and the ads, look to the record. >> reporte
over the economy. >> and unless we change course, we may well be looking at another recession. >> we have made real progress. but we are here today because we know we have more work to do. >> reporter: employers added 171,000 jobs in october. but with more americans looking for work, the unemployment rate moved up slightly from 7.8 to 7.9%. romney told voters in wisconsin, he can do better. >> this is not a time for america to settle. >> no. >> we're four days away from a fresh start. >> reporter: in ohio, president obama made the case he is moving the country forward. >> we know what change looks like. and what the governor's offering ain't it. >> reporter: ohio could decide who wins the white house. not only are the candidates spending a lot of time there in these closing days. they're bombarding voters with fresh tv ads. >> who will do more for the auto industry? >> reporter: mitt romney is airing a new commercial in ohio saying workers in china benefited from the auto bailout. at a rally outside columbus, the president fired back. >> you don't scare hard working americans just to
a v8. woooo! the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >> osgood: now a look at halloween by the numbers. a record 170 million people in this country say they plan to celebrate halloween this year according to a national retail federation survey. total halloween spending is projected to hit $8 billion. the average halloween consumer spending nearly $80, up from last year. more than 93% of children go trick or treating according to the national confectioners association. 63% of trick or treaters say chocolate is their favorite treat. followed by 9% favoring lollipops, 7% gummy candy, and 7% for those who favor bubble gum or chewing gum. as for the adults who hand out the treats, 41% confess that they
. the gop challenger says obama's policies have held back on the economy's economic recovery. some political experts say few if any voters are undecided and they have shown throughout the year not to be susceptible to positive or negative monthly changes in the unemployment rate. reporting live in the newsroom, cate caugiran, cbs 5. >>> thank you. lawrence has left us. he is down in san jose with a little preview. >> he is playing the science guy. i don't think you're ever coming back, lawrence. >> reporter: no. this is a lot of fun. a lot of kids can come down here and make some really interesting neat stuff. it's all part of a neat science festival they have at the tech museum of innovation in san jose. if you want to check it out. they have all kinds of things. this is what they are going to be using to launch some of those planes right here in the lobby and around the tech museum. they have exhibits, imax, real scientists that you can come down and meet and ask them very important questions too. the silicon valley really the center of what has been major innovations that really changed t
. that was 40 years ago. the president was unable to revive the struggling economy. and no sign of four more years. jan crawford, cbs news, marion, ohio. >> coming up, calculating the cost of hurricane sandy. and insurance companies gear up for an onslaught of claims. this is the "cbs morning news". claims. this is the "cbs morning news". clusters of pustules, pimples. i had this shingle rash right next to my spine. the soreness was excruciating. it was impossible to even think about dancing. when you're dancing, your partner is holding you. so, his hand would have been right in the spot that i had the shingles. no tango. no rhumba. you can't be touched. for more of the inside story, visit shinglesinfo.com campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. there's no such swhthing as too soft.let paper, i know what i like. i like feeling both clean and pampered. why should i compromise? quilted northern ultra plush®, with the innerlux layer. for a comfo
, for whom, while they're pro-choice, the economy message that the romney campaign has put out, which means different things to different people, has found some resonance. >> tomorrow, the last unemployment report before the election comes out. he does not believe it will change anyone's mind unless the numbers are hugely different from last week. right now the unemployment rate is 7.8%. >>> a neighborhood in the east bay hills is on the lookout for a deer that someone apparently tried to kill. people in and around campus drive in berkeley hills tell cbs 5 reporter elizabeth cook that the doe is moving slowly and in obvious pain. >> reporter: if you live in many parts of the bay area, you have to learn to live with your neighbors. >> we see them every day. they come usually and eat up all the plants. >> reporter: she noticed something was wrong with the deer in the backyard of her home. >> i felt sick at the thought someone would do that. >> reporter: the doe had an arrow on its side. and next to her, a fawn. young contacted fish and game and sent out these pictures to people who live in th
romney are battling it out over the economy. >> and unless we change course, we may well be looking at another recession. >> we have made real progress. but we are here today because we know we have more work to do. >> reporter: employers added 171,000 jobs in october. but with more americans looking for work, the unemployment rate moved up slightly from 7.8 to 7.9%. romney told voters in wisconsin, he can do better. >> this is not a time for america to settle. >> no. >> we're four days away from a fresh start. >> reporter: in ohio, president obama made the case he is moving the country forward. >> we know what change looks like. and what the governor's offering ain't it. >> reporter: ohio could decide who wins the white house. not only are the candidates spending a lot of time there in these closing days. they're bombarding voters with fresh tv ads. >> who will do more for the auto industry? >> reporter: mitt romney is airing a new commercial in ohio saying workers in china benefited from the auto bailout. at a rally outside columbus, the president fired back. >> you don't scare ha
in a depressed economy. >> and unlike certain other areas it's not going to be outsourced to other countries. i think all of those give the workers and the union a greater ability to negotiate and to organize than we're seeing in other industries. >> reporter: back at the union hall, they believe there's also strength in the fact that the organization is made up primarily of women workers. >> women are used to having to fight the fight for their children, for their families, for their communities. and they are kind of silent warriors until they're pushed too far. >> reporter: each side said they are working for the good of the patient and both sides say the other is being unreasonable. but the power of the combatants in this fight make it an interesting chess game to watch. in oakland, john ramos cbs 5. >>> weather time. paul deanno with your forecast. and this type of system coming in from the north and west is exactly what hi-def doppler can see better than any other radar in town. you can see it just lit up over sonoma county, marin countiful you're getting the rain first and ever so slowly
because they are in an industry that's quickly growing in a bad economy. >> unlike certain other areas it's not going to be outsourced to other countries. the hospital needs to be in that geographic location. so i think all those give the workers and the union a greater ability to negotiate and to organize than we're seeing in other industries. >> these nurses have been in contract negotiations for the past 18 months. the series of strikes has forced sutter to hire temporary staff on expensive five-day contracts. >>> a marin county teen accused of attempted murder and stealing a celebrity chef's car is back in court today. 18-year-old max wade is set to enter a plea accused of shooting at an suv last spring. he is also a suspect in the theft of guy fieri's lamborghini >>> mavericks' open season starts next friday. 24 surfers will trying to take on the swell on the best surf day of the winter season. the season runs through march 31st. >>> so many of us p.e. classes back in junior high and high school, they weren't too much fun. for some it was a drag unless you go to the thomas hart midd
these nurses are in a powerful position because of an industry that's growing in a bad economy. >> unlike certain other areas it's not going to be outsourced to other countries. the hospital needs to be in that geographic location. so i think all of those give theworkers and the union a greater ability to negotiate and to organize than we're seeing in other industries. >> these nurses have been in contract negotiations for the past 18 months. the series of strikes has forced sutter to hire temporary staff on five-day contracts. >> we have breaking news. >> it's raining! >> that's breaking news. causing trouble on the roads. liz has the latest on that. >> it is breaking news. we have brake lights busy in cash and fastrak lanes so it didn't take long for had camera to stack up. the metering lights were turned on a few minutes ago and we have delays beyond the first overcrossing. it looks like it's going to be a busy morning already at the bay bridge heading into san francisco. similar story across the golden gate bridge. you can see some wet pavement as well heading into san francisco but
on the economy or not? >> well, it actually might not that have that big of an impact but interesting with only a few days to go before the election because if stocks open back up if sandy has a major impact and in particular if it hits a number of companies, you might see those stocks trade lower, trending lower ahead of an election could have an impact there. we have a jobs report coming up on friday. that'll have a big impact too. >> what about gas prices? >> well, about 6.5% of the country's refineries are located along, again, the northeastern corridor. that's in the storm's path. what's important to think about here is in order to use gasoline, we need to have it oil refined into gasoline. if they are shut down and a number of them are shutting down and a number of them are closing off some of their operations as a result of the storm, prices can go up. on the flip side a number of people aren't driving. so you see that counterbalance. >> stay home. >> exactly. you see that counterbalance as far as prices are concerned. some analysts are saying we might see an uptic
larger economy? >> sure. early estimates are tough to get a handle on but it looks like there's something in the range of $20 billion just in property damage, lost business that could be anywhere from $10 to $30 billion as we sort through these things that just aren't happening right now because of the storm. think about it. from the empire state building to wall street, there's no electricity. that's a lot of economic activity that's just not happening right now. >> whenever you have these kinds of stories they say there's a silver lining. i think it's hard to see that when you're in the middle of this kind of devastation. do you see one? >> i hate to talk about such a thing after what you've been showing on television. it's true. the construction industry is exhibit a. think about it. ever since the great recession there's been no reason to bang nails. we built too many houses so there's no reason to build any more. now we have a reason to build some more house because a lot have been destroyed. 2 million construction jobs simply didn't come back after the housing bubble burst. now a fe
this in the coming days. >> but you say that we still depend on 20th century technology to power 21st century economy. what does that mean. >> that's referring to the electrical grid. we saw what 8 million people who lost power. we have a system that isn't ready for this kind of a disaster. you have a grid that can go down easily. even smaller events like halloween's storm last year. we have a system that's like the internet, more flexible, more resilient you can get it back online faster. >> people can tweet but still couldn't use internet or cell phones. >> exactly. the signature moment of the storm people tweeting that they had lost power which shows that very clearly. >> what are the big lessons back to the cover story, a lesson from the storm that makes a difference in terms of the future? >> a few. climate change clearly is real. scientists will differ how much climate change affect as storm like this. this will become more and more common in the future we'll have stronger storms, we'll have these coastal flooding events which are disastrous with sandy. one thing we need to deal with. secondar
Search Results 0 to 28 of about 29 (some duplicates have been removed)